Paulie Moore
FHA Flipping Rule
I came across this...Does this have any impact on us? And can someone explain the rule in basic english please?
Jay Z.
Can I market a house within 90 days?
I bought a shor-sale house and the agreement is that not to sell it for more than 120% value from day 30 to day 90. I plan to complete the renovation within 60 day, and sell it after 90 days with more than 120% value ...
Ayo F.
Anti-Flip Clause
So I have read in many places and discussed with many attorneys about the 30 - 90 day anti - flip requirement for short sale acceptance.
However, has anyone ever bothered to question the banks legality for requiring ...
Luke Carl
Refinancing with a Partner and how to handle DTI
Looking to make an offer on a bank owend auction.com property with a partner on Monday. He's bringing the cash (I'll be the sweat/management) and we would want to refinance into a conventional so he can get his money ...
Michael Williams
Reinstatement of Anti-Flip Rule
What is the creative solution around the re-reinstatement of the anti-flipping rule? Is owner financing the best solution or are there others? This would also be a great opportunity for small banks or some other lendi...
Larry Flanagan
Seasoning for FHA buyer
What are FHA's seasoning requirements? I bought a house 2 months ago from HUD, rehabbed it and listed it for sale. I have an offer from an FHA buyer, just wondering if there are seasoning issues that will come up.
Kevin Cespedes
Low income housing deed
Hi guys im looking into a 4 family house.And on the details for purchasing the property it says i have to put a 25% conventional loan. And it says its a low income housing deed restriction and im a completely clueless...
Clay Wenninger
Wisconsin Short Term Rental Markets
I am looking to purchase my second short term rental in Wisconsin. I am looking for advice/feedback on any specific short term rental markets others have had success with in Wisconsin. Thank you!
Billy Bell
Wholeselling in a 55+ Retirement Comm. Can I do it, if younger?
Hello BP Community,I received a lead about a guy who inherited a home from his dad that recently passed away. The son who owns it now wants to sell it quick, but it is in a retirement community that requires the owner...
Kathy Braschler
How do you flip wholesale deal when bank says "no resale before 90 days"?
In a wholesale deal how does one get around the HAFA guideline that states "the buyer agrees not to resell the property before 90 days" (especially when you intend to use hard money)? Is this condition ever negotiable...